NEL ASA: årsregnskap 2016 vs 2015
Grew 795915% on revenue, weaker earnings
approved 2017-04-20; registry 2017-08-12; journal 2017 862624
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for NEL ASA. Revenue 400 NOK → 3.18m NOK (+795915.0%). Net result -11.94m NOK → -22.16m NOK. Equity 736.10m NOK → 730.98m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for NEL ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 400 NOK to 3.18m NOK (+795915.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 739.63m NOK → 756.67m NOK (+17.03m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -18.26m NOK → -55.31m NOK (op. margin -4564703.5% → -1737.1%). Calculated
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↓
Net result weakened
Net result -11.94m NOK → -22.16m NOK (net margin -2985690.2% → -695.8%). Calculated
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↓
Equity eroded
Book equity 736.10m NOK → 730.98m NOK (equity ratio 99.2% → 99.6%). Calculated
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↓
Cash fell
Bank deposits 296.52m NOK → 157.21m NOK (-47.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 29.89m NOK → 60.27m NOK (7472687% → 1893% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 42.12m NOK → 60.84m NOK (+44.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 420.06m NOK → 548.34m NOK. Reported fact